Breaking News

You are here » Indian-Commodity  :  Commodities  :  Crude Oil  :  Mentha oil futures trade higher on rising demand

06-Sep2018

Mentha oil futures trade higher on rising demand

Mentha oil futures traded higher on MCX as market participants increased their positions following rise in demand from consuming industries in the spot markets. However, higher production estimates capped some gains.

The contract for September delivery was trading at Rs 1697.00, up by 1.19% or Rs 19.90 from its previous closing of Rs 1677.10. The open interest of the contract stood at 1530 lots.

The contract for October delivery was trading at Rs 1717.70, up by 1.5% or Rs 25.40 from its previous closing of Rs 1692.30. The open interest of the contract stood at 413 lots on MCX.


Related News

View all news

Crude oil futures end flat on Friday

Halting two-day winning streak, crude oil futures ended flat on Friday as traders remained cautious on worries about excess supply globally and weak demand outlook due to trade disputes. Though, oil prices......

Crude oil futures settle higher on Thursday

Extending gains for second straight session, crude oil futures settled higher on Thursday, despite official data from the Energy Information Administration (EIA) showing a bigger than expected increase......

Crude oil futures snap 12-day losing streak on Wednesday

Snapping 12-day losing streak, crude oil futures ended higher on Wednesday amid strengthening signals that the Organization of the Petroleum Exporting Countries (OPEC) and allied producers are considering......

Top News

View all news

Siemens reports 55% fall in Q4 net profit

Siemens has reported results for fourth quarter ended September 30, 2018.The company has reported 55.24% fall in its net profit at Rs 279.20 crore for the quarter under review as compared to Rs 623.80......

USFDA completes audit of Dr. Reddy's Andhra Pradesh facility

The US Food and Drug Administration (USFDA) has completed the audit of Dr. Reddy's Laboratories' Formulations Srikakulum Plant (SEZ) Unit II, Andhra Pradesh on November 16, 2018 with zero observations.Dr.......

PNB Gilts reports 71% rise in Q2 net profit

PNB Gilts has reported results for second quarter ended September 30, 2018.The company has reported 71.36% rise in its net profit at Rs 11.07 crore for the quarter under review as compared to Rs 6.46 crore......